is...wondering why God loves us so much?
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I got a feeling...that today's gonna be a good day...that today's gonna be good good day...wooohoooooo!
This is simply Amazing! i have never seen l2 go nuts like this!
.003 I can feeeel it.
OMG did you see the bounce????? jaw dropped!
If i can doubly my position to .003 that would be soooo damn sweet!!!!! 100 percent in one month! lol
loool - funny -
but seriously - BZCN couldn't have ended the day without a bigger punch than it did today!
thanks for the definition mr fiction. lol
Melting up? HUH? You mean going to rise gradually?
Last year it peaked to .12 cents - i don't believe history repeats itself or lightning strikes twice in one spot - but even if it hits 5 cents I WOULD KISS THE QUEEN! LOOL!
I need to decide on taxes if i hold - not sure - i got other stocks that i have cap gains on so we'll see
Holiday Season May Bring Renewed Interest in BizAuctions (OTC:BZCN.PK)
BizAuctions Inc.
(Public, OTC:BZCN.PK)
As the holiday season fast approaches during one of the most hard hit economic times in recent memory, certain discount companies look to profit and gain recognition, differentiating themselves from the pack. One of these such companies is BizAuctions Inc. (OTC:BZCN.PK), which is quickly gaining momentum in a $60B excess inventory liquidation market. The concept is simple, they offer eBay liquidation services for companies who have excess inventory, returns, and overstock items. Given that eBay is one of those companies which is recession proof, investors should feel a little more confident should they choose to place their eggs in this basket. At first glance, this may seem like a simple concept, however it made them a hefty revenue of $1,340,904 during six months ended June/30/2009, and that’s not too bad for a high growth company worth an estimated $640,000 in market cap. Despite the struggling economy, BizAuctions has continued to decrease operating and net losses, all the while maintaining a revived sense of optimism after eBay (NASDAQ:EBAY) hit their highest level in 10-months and exceeded Wall Street’s forecast. BizAuctions alsoruns a retail clothing store named “Lucky 7’s” which opened at the Chula Vista Center, on May/29/09 next to Macy’s in Chula Vista, CA. It is also important to remember that during the last holiday season in December of 2008, the company’s shares reached a one year high of 0.11 price per share.
About BizAuctions Inc.
Bisections Inc. is a provider of commercial eBay liquidation services for excess inventory, overstock items, and returns for retailers, manufacturers, and distributors. The Company sells from home goods, brand name clothes and electronics. The Company lists the merchandise through software which is integrated and compliant with eBay. Once an auction ends, payment is collected via PayPal or credit card. The Company is providing liquidation services to retailers in California, Arizona, and Colorado, and is in the process of expanding into other states.
How BizAuctions Works
BizAuctions provides commercial eBay liquidation services for excess inventory, overstock items, and returns. They provide their clients another sales channel to generate additional revenue on excess inventory.
They can liquidate inventory for most any commercial enterprise including category killer retailers, Fortune 500 manufacturers, and small businesses alike.
BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory through eBay.
Be sure to check out their virtual Facilities Tour and How It Works Video to see their inventory liquidation process in action.
The eBay Liquidation Services Involve Three Major Steps
1 – They contract with clients and send trucks to pick up pallets of excess inventory, returns, or overstock items.
2 - From their facility, the highly trained staff uses software systems to liquidate the inventory through eBay.
3 - They collect payment from the sale of excess inventory.
BizAuctions is a full-service provider. Their operations are designed for maximum capacity, and can handle most any inventory liquidation project.
Detailed steps include:
* Pickup of inventory
* Inventorying all items
* Writing detailed product description of all items
* Taking and editing high-quality photos of the items
* Listing the items for sale in front of millions of potential eBay buyers
* Answering all bidder questions
* Payment collection and processing
* Packing and shipping the items to the buyers
* The best part, we collect payment from the sale of excess inventory!
Factory, Store, Pick-up Options
BizAuctions will pick up your excess inventory, returns, and overstock items at no charge and return them to the facilities for processing and sale.
Whether you are a Fortune 500 manufacturer with 3,000 widgets or a category-killer retailer with 2,000 gizmos, they can handle most any size project.
They are currently offering our eBay liquidation services regionally in select Southern California areas, but plan to begin offering our services nationwide very soon.
BizAuctions Fees - How they generate Income / Revenue
Their consignment services cost nothing unless your inventory sells. There is no setup fee or upfront fee for using our service, and it allows you to fully leverage your excess inventory to increase your revenue and generate additional cash flow.
A commission is only charged when your inventory sells. They work with you to establish a pricing structure for your inventory that will generate interest and activity in your eBay auctions. If your inventory does not sell in the first seven-day listing, we will re-list your items for a second time.
When your inventory sells, they collect a flat 30% commission on the final sales price. You keep 70% of the total sale price.
Sample Sales Revenue Chart
Sale Amount Commission You Get!
$15,000 $4,500 $10,500
$20,000 $6,000 $14,000
$30,000 $9,000 $21,000
$50,000 $15,000 $35,000
$100,000 $30,000 $70,000
$200,000 $60,000 $140,000
Financial Analysis ( Data via company’s financial report )
BizAuctions Sales Listings Increase by 14% for November 2008. BizAuctions, Inc. recently announced that its items listed for sale on eBay during the month of November 2008 increased by 14% over listings posted for October 2008. These items, such as big screen TVs, digital cameras, and other electronics, included excess inventory and returned goods which the Company acquired through liquidation projects for its clients. BizAuctions posted 3,586 item listings on eBay for the month of November, which represents an increase of 443 listings.
Operating Expenses for 2008 decreased 5.7% vs 2007 (As a percentage of Gross Revenues)
2007 – $990,940 = 27% of Gross Revenues ($2,771,391)
2008 – $725,124 = 21.3% of Gross Revenues ($3,396,295)
Net Loss for 2008 decreased 17.2% vs 2007 (as a percentage of Gross Revenues)
2007 – $874,403 = 31.8% of Gross Revenues ($2,771,391)
2008 – $494,272 = 14.6% of Gross Revenues ($3,396,295)
As discussed earlier, it is without question that BizAuction’s growth potential is directly dependant and correlational to that of eBay’s. After watching eBay surge to a 10-month high on NASDAQ and exceed Wall Street analyst’s forecast, investors have a bright future to look forward to given that sales and revenues keep up with past trends.
“We feel that there is upside bias to our 2010 estimates in marketplaces and payments. And eBay’s multiple has room to expand as it begins to string together additional signs of platform improvements,” wrote Stepehen Ju of RBC Capital, who upgraded the shares to a buy rating. Press release found here
Competitors Market Share / PPS Evaluation ( Information via OTCReporter.com )
· Liquidity Services Inc. (LSI) is an online auction marketplace for wholesale, surplus and salvage assets. The Company enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories. NASDAQ:LQDT Recent Price:$7.45
· Overstock.com, Inc. is an online closeout retailer offering discount brand name merchandise, including bed-and-bath goods, home decor, kitchenware, watches, jewelry, electronics and computers, sporting goods, apparel, and designer accessories, among other products. It operates as part of its Website an online auction site, a marketplace for the buying and selling of goods and services. AMEX:OSTK Recent Price: $9.35
· Big Lots, Inc. through its wholly owned subsidiaries is a national broadline closeout retailer. As of February 2, 2008, the Company operated a total of 1,353 stores in 47 states. The Company’s merchandising categories include Consumables, Home, Furniture, Seasonal, and Other. The Consumables category includes food, health and beauty, plastics, paper and pet departments. NYSE:BIG Recent Price: $13.48
Recent News
Date Time
Headline More
08/12/2009 10:00AM AmeriResource Plans to Create Overstock.com ‘Like’ Retail Web Site to Boost BizAuctions Revenue
08/06/2009 4:24PM AmeriResource Reports Revenue of $1,341,904 for Six Months Ended June 30, 2009
08/06/2009 7:00AM BizAuctions Listings on eBay for the Last 60 days total 4,482
07/23/2009 7:15AM BizAuctions’ Retail Store Gaining Sales in 7th Week of Operations
06/23/2009 7:00AM BizAuctions Lands New Liquidation Services Agreement
06/16/2009 7:00AM BizAuctions’ Retail Store Gaining Momentum in Sales
06/11/2009 7:00AM BizAuctions eBay Business for Last 90-Day Period Remains Steady
06/09/2009 7:00AM BizAuctions Retail Store Opens with Moderate Sales
06/03/2009 7:30AM BizAuctions Retail Store Opens for Revenue Growth
05/26/2009 6:20AM BizAuctions Plans Retail Store Opening for Revenue Growth
05/19/2009 4:15PM BizAuctions Announces Contract to Provide On-Going Liquidation Services
02/25/2009 5:27PM BizAuctions Listings for Month of January 2009 Increase by 5%
02/04/2009 5:41PM BizAuctions Sales Increase 22% for Year Ended December 31, 2008
02/03/2009 10:02PM BizAuctions Listings for Month of December 2008 Increase by 16%
12/19/2008 6:20AM BizAuctions Sales Listings Increase by 14% for November 2008
12/15/2008 6:20AM BizAuctions Sales Increase 29% for Eleven Months, Ended November 30, 2008
12/12/2008 6:20AM BizAuctions Lands New Contract to Provide Liquidation Services
12/08/2008 6:20AM BizAuctions – Government Report Shows Inventory Pool Above $1.5 Trillion
11/20/2008 5:01PM BizAuctions Consignment Service Gains New Business
11/18/2008 6:30AM BizAuctions Secures New Contract in 3rd Qtr. 2008
Technical Analysis ( Click chart to enlarge )
BZCN produced another big green candle and may have started to move up in a big way leaving the “bottom” behind. The past six months this stock has seen explosive moves while it has been moving through a well defined price channel (Blue lines on the chart). The price has remained in the bottom half of the channel, below the middle trend-line (blue dotted line) for most of this time. It appears the price has finally consolidated after the last visit to the top trend-line back in June. The ¼ trend-line doesn’t appear to be a strong level of resistance. So, a move above this line would verify the Bullish break-out and the price should easily reach the middle trend-line around .0032 cents and beyond. The upside potential is very large and given the heavy volume (Gray bars on the chart) under the strong green candles these past two days the momentum appears high and the risk low. It’s good to keep in the back of your mind that earlier this year, before the market fell to the March low, this stock was trading up to .06 cents. That’s a 3900% gain from the closing price on Thursday, October 15th.
Overall Sentiment
As the economic recession continues to plague the United States of America, companies seek new and innovative ways to survive, and in some cases even increase their potential revenues. With the upcoming holiday season fast approaching, BizAuctions Inc. is one of those small companies which should reap the benefits, gain new customers and thus restablish a renewed sense of optimism from investors. Revenue of $1,340,904 during six months ended June 30 2009, and a highly undervalued estimated $640M market cap compared to other competitors should trigger some technical buy signals accross the board. The company also seems to be working to update their software to a more effective and user-friendly platform on their eBay listings, which is always a good thing.
———–
Disclosure: Long BZCN
———–
By reading MiV Investments Inc. company profiles you agree to the disclaimer, and thereby will not hold Michael Vlaicu accountable for any transactions or decisions you make. It is up to you to do your own due diligence.
MiV Investments Inc. is not paid, compensated or in any way incentivized to report news and developments about publicly traded companies, unless otherwise stated.
I can only imagine what this technology does to anyone it contracts with...do you remember SPNG? when they were all about billboards etc in NFL/MLB/NBA etcc....all that advertising blew the stock up 10 thousand percent.
PVHO is all about exposure and all about intuitive technology.
BZCN BZCN! Takes a kickin and keeps on lickin lol -
oh come on - he died? shucks!
wow - GREAT PHOTO!
JUST LIKE THE CHART OF BZCN TODAY! lol
ty lol - who's the fellow in the picture?
i don't think it will stay .0017 for long man. so get in quick.
Man, Im serious - how many alerts will blow up on people's alert?
Creppie - im crossing my fingers sir. I have a big position bc i believe in this comp.
Buyeeso - sorry about eeso lol But I am glad you're supporting BZCN buddy.
luke - are you a good chart reader?
I do believe with the strong close it's definately going to pop up as a screener of stock with strong volume/finish by end of day etc...tomorrow morning will be a good day IMO.
All their PRs indicate it will be a positive release - Q3 imminent but when i hope sooner than later.
Who's bottom did you hit !? lol I know what you meant - i was saying all along that it's bottom was somewhere in the .0009-.0011 area so this will be sweat! The question is can we retest the highs? .12?
Is it me or the strong finish at EOD is a sign of something happening..most companies with PRs etc tend to end with a pop or something unsuspected. we gained an amazing amount of gains today and it held to the end with @ HOD - that's gotta mean something.
MM - i wholeheartedly agree with you - My thinking is something is brewing b/c the stock has held steady with little gains little profit taking...The videos you released were amazing!!!!!!!! And i personally believe they're well on their way to work the IR arm..,
BZCN :) and Christmas is still a week and a half away! This is good!
Can you explain this?
who called BZCN?
tradeforce?
Is it Giddy up or Gap Up?
What a day for a daydreaaaaaaaaaaaam...What a day for a day dream today :) BZCN in 3 - 2 - 1..........
LOVE THE LINKS
i agree i believe actually the majority of people are selling items in excess; i do believe that BZCN is trading fairly low to to be ready for another run.
thanks buy - good feedback
wishful thinking - PRAY HARD ! :)
Also it's good to know BZCN was trading at 15 cents last year at exactly this time.
that's a great way of describing it.
They make money off of the sale of a product (that's the commission) if it does not sell - they lose nothing.
Good Due Diligence ( look inside )
BizAuctions Inc.
(Public, OTC:BZCN.PK)
As the holiday season fast approaches during one of the most hard hit economic times in recent memory, certain discount companies look to profit and gain recognition, differentiating themselves from the pack. One of these such companies is BizAuctions Inc. (OTC:BZCN.PK), which is quickly gaining momentum in a $60B excess inventory liquidation market. The concept is simple, they offer eBay liquidation services for companies who have excess inventory, returns, and overstock items. Given that eBay is one of those companies which is recession proof, investors should feel a little more confident should they choose to place their eggs in this basket. At first glance, this may seem like a simple concept, however it made them a hefty revenue of $1,340,904 during six months ended June/30/2009, and that’s not too bad for a high growth company worth an estimated $640,000 in market cap. Despite the struggling economy, BizAuctions has continued to decrease operating and net losses, all the while maintaining a revived sense of optimism after eBay (NASDAQ:EBAY) hit their highest level in 10-months and exceeded Wall Street’s forecast. BizAuctions alsoruns a retail clothing store named “Lucky 7’s” which opened at the Chula Vista Center, on May/29/09 next to Macy’s in Chula Vista, CA. It is also important to remember that during the last holiday season in December of 2008, the company’s shares reached a one year high of 0.11 price per share.
About BizAuctions Inc.
Bisections Inc. is a provider of commercial eBay liquidation services for excess inventory, overstock items, and returns for retailers, manufacturers, and distributors. The Company sells from home goods, brand name clothes and electronics. The Company lists the merchandise through software which is integrated and compliant with eBay. Once an auction ends, payment is collected via PayPal or credit card. The Company is providing liquidation services to retailers in California, Arizona, and Colorado, and is in the process of expanding into other states.
How BizAuctions Works
BizAuctions provides commercial eBay liquidation services for excess inventory, overstock items, and returns. They provide their clients another sales channel to generate additional revenue on excess inventory.
They can liquidate inventory for most any commercial enterprise including category killer retailers, Fortune 500 manufacturers, and small businesses alike.
BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory through eBay.
Be sure to check out their virtual Facilities Tour and How It Works Video to see their inventory liquidation process in action.
The eBay Liquidation Services Involve Three Major Steps
1 – They contract with clients and send trucks to pick up pallets of excess inventory, returns, or overstock items.
2 - From their facility, the highly trained staff uses software systems to liquidate the inventory through eBay.
3 - They collect payment from the sale of excess inventory.
BizAuctions is a full-service provider. Their operations are designed for maximum capacity, and can handle most any inventory liquidation project.
Detailed steps include:
* Pickup of inventory
* Inventorying all items
* Writing detailed product description of all items
* Taking and editing high-quality photos of the items
* Listing the items for sale in front of millions of potential eBay buyers
* Answering all bidder questions
* Payment collection and processing
* Packing and shipping the items to the buyers
* The best part, we collect payment from the sale of excess inventory!
Factory, Store, Pick-up Options
BizAuctions will pick up your excess inventory, returns, and overstock items at no charge and return them to the facilities for processing and sale.
Whether you are a Fortune 500 manufacturer with 3,000 widgets or a category-killer retailer with 2,000 gizmos, they can handle most any size project.
They are currently offering our eBay liquidation services regionally in select Southern California areas, but plan to begin offering our services nationwide very soon.
BizAuctions Fees - How they generate Income / Revenue
Their consignment services cost nothing unless your inventory sells. There is no setup fee or upfront fee for using our service, and it allows you to fully leverage your excess inventory to increase your revenue and generate additional cash flow.
A commission is only charged when your inventory sells. They work with you to establish a pricing structure for your inventory that will generate interest and activity in your eBay auctions. If your inventory does not sell in the first seven-day listing, we will re-list your items for a second time.
When your inventory sells, they collect a flat 30% commission on the final sales price. You keep 70% of the total sale price.
Sample Sales Revenue Chart
Sale Amount Commission You Get!
$15,000 $4,500 $10,500
$20,000 $6,000 $14,000
$30,000 $9,000 $21,000
$50,000 $15,000 $35,000
$100,000 $30,000 $70,000
$200,000 $60,000 $140,000
Financial Analysis ( Data via company’s financial report )
BizAuctions Sales Listings Increase by 14% for November 2008. BizAuctions, Inc. recently announced that its items listed for sale on eBay during the month of November 2008 increased by 14% over listings posted for October 2008. These items, such as big screen TVs, digital cameras, and other electronics, included excess inventory and returned goods which the Company acquired through liquidation projects for its clients. BizAuctions posted 3,586 item listings on eBay for the month of November, which represents an increase of 443 listings.
Operating Expenses for 2008 decreased 5.7% vs 2007 (As a percentage of Gross Revenues)
2007 – $990,940 = 27% of Gross Revenues ($2,771,391)
2008 – $725,124 = 21.3% of Gross Revenues ($3,396,295)
Net Loss for 2008 decreased 17.2% vs 2007 (as a percentage of Gross Revenues)
2007 – $874,403 = 31.8% of Gross Revenues ($2,771,391)
2008 – $494,272 = 14.6% of Gross Revenues ($3,396,295)
As discussed earlier, it is without question that BizAuction’s growth potential is directly dependant and correlational to that of eBay’s. After watching eBay surge to a 10-month high on NASDAQ and exceed Wall Street analyst’s forecast, investors have a bright future to look forward to given that sales and revenues keep up with past trends.
“We feel that there is upside bias to our 2010 estimates in marketplaces and payments. And eBay’s multiple has room to expand as it begins to string together additional signs of platform improvements,” wrote Stepehen Ju of RBC Capital, who upgraded the shares to a buy rating. Press release found here
Competitors Market Share / PPS Evaluation ( Information via OTCReporter.com )
· Liquidity Services Inc. (LSI) is an online auction marketplace for wholesale, surplus and salvage assets. The Company enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories. NASDAQ:LQDT Recent Price:$7.45
· Overstock.com, Inc. is an online closeout retailer offering discount brand name merchandise, including bed-and-bath goods, home decor, kitchenware, watches, jewelry, electronics and computers, sporting goods, apparel, and designer accessories, among other products. It operates as part of its Website an online auction site, a marketplace for the buying and selling of goods and services. AMEX:OSTK Recent Price: $9.35
· Big Lots, Inc. through its wholly owned subsidiaries is a national broadline closeout retailer. As of February 2, 2008, the Company operated a total of 1,353 stores in 47 states. The Company’s merchandising categories include Consumables, Home, Furniture, Seasonal, and Other. The Consumables category includes food, health and beauty, plastics, paper and pet departments. NYSE:BIG Recent Price: $13.48
Recent News
Date Time
Headline More
08/12/2009 10:00AM AmeriResource Plans to Create Overstock.com ‘Like’ Retail Web Site to Boost BizAuctions Revenue
08/06/2009 4:24PM AmeriResource Reports Revenue of $1,341,904 for Six Months Ended June 30, 2009
08/06/2009 7:00AM BizAuctions Listings on eBay for the Last 60 days total 4,482
07/23/2009 7:15AM BizAuctions’ Retail Store Gaining Sales in 7th Week of Operations
06/23/2009 7:00AM BizAuctions Lands New Liquidation Services Agreement
06/16/2009 7:00AM BizAuctions’ Retail Store Gaining Momentum in Sales
06/11/2009 7:00AM BizAuctions eBay Business for Last 90-Day Period Remains Steady
06/09/2009 7:00AM BizAuctions Retail Store Opens with Moderate Sales
06/03/2009 7:30AM BizAuctions Retail Store Opens for Revenue Growth
05/26/2009 6:20AM BizAuctions Plans Retail Store Opening for Revenue Growth
05/19/2009 4:15PM BizAuctions Announces Contract to Provide On-Going Liquidation Services
02/25/2009 5:27PM BizAuctions Listings for Month of January 2009 Increase by 5%
02/04/2009 5:41PM BizAuctions Sales Increase 22% for Year Ended December 31, 2008
02/03/2009 10:02PM BizAuctions Listings for Month of December 2008 Increase by 16%
12/19/2008 6:20AM BizAuctions Sales Listings Increase by 14% for November 2008
12/15/2008 6:20AM BizAuctions Sales Increase 29% for Eleven Months, Ended November 30, 2008
12/12/2008 6:20AM BizAuctions Lands New Contract to Provide Liquidation Services
12/08/2008 6:20AM BizAuctions – Government Report Shows Inventory Pool Above $1.5 Trillion
11/20/2008 5:01PM BizAuctions Consignment Service Gains New Business
11/18/2008 6:30AM BizAuctions Secures New Contract in 3rd Qtr. 2008
Technical Analysis ( Click chart to enlarge )
BZCN produced another big green candle and may have started to move up in a big way leaving the “bottom” behind. The past six months this stock has seen explosive moves while it has been moving through a well defined price channel (Blue lines on the chart). The price has remained in the bottom half of the channel, below the middle trend-line (blue dotted line) for most of this time. It appears the price has finally consolidated after the last visit to the top trend-line back in June. The ¼ trend-line doesn’t appear to be a strong level of resistance. So, a move above this line would verify the Bullish break-out and the price should easily reach the middle trend-line around .0032 cents and beyond. The upside potential is very large and given the heavy volume (Gray bars on the chart) under the strong green candles these past two days the momentum appears high and the risk low. It’s good to keep in the back of your mind that earlier this year, before the market fell to the March low, this stock was trading up to .06 cents. That’s a 3900% gain from the closing price on Thursday, October 15th.
Overall Sentiment
As the economic recession continues to plague the United States of America, companies seek new and innovative ways to survive, and in some cases even increase their potential revenues. With the upcoming holiday season fast approaching, BizAuctions Inc. is one of those small companies which should reap the benefits, gain new customers and thus restablish a renewed sense of optimism from investors. Revenue of $1,340,904 during six months ended June 30 2009, and a highly undervalued estimated $640M market cap compared to other competitors should trigger some technical buy signals accross the board. The company also seems to be working to update their software to a more effective and user-friendly platform on their eBay listings, which is always a good thing.
———–
Disclosure: Long BZCN
who are you Jackie Gleason? I like this bottom a lot - for the longest time i wanted to get in @ .0009-.0011 and couldn't then it popped and i bought hight - so this is definately a good time for me to double down
i didn't hear of that man - i'm only look at what the charts are saying and i know any news might make it rise.